PBTB | Manager, Pricing

Prudential BSN Takaful Berhad; Kuala Lumpur; On-site; MYR 120,000 - 240,000; Full time

Job summary

Prudential BSN Takaful Berhad in Malaysia is seeking a pricing actuary to lead development of pricing models and ensure profitability within the takaful framework. You will provide actuarial insights for new products, manage risk controls, and collaborate with product and compliance teams to deliver competitive offerings.

The role emphasizes leadership, project delivery across pricing initiatives, and adherence to governance and Shariah requirements.

Qualifications

• Lead development of pricing models with actuarial basis and profitability focus.
• Provide actuarial guidance for pricing innovative takaful products with risk controls.
• Coach and guide the team to meet project objectives across Pricing and Actuarial initiatives.
• Support product implementation with timely execution and governance.

Responsibilities

• Lead and provide insights on pricing development with actuarial basis.
• Drive actuarial guidance for profitable, price-competitive products.
• Provide leadership to the team and manage cross-functional deliverables.
• Support product implementation with timely execution.
• Implement cost-effective retakaful arrangements.

Skills

Pricing models

Actuarial guidance

Leadership

Project management

Risk management

Job description

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Required

• To lead and provide insights on the development of robust pricing model & process with sound actuarial basis and consistency with company takaful model, shariah and profitability requirement.
• To drive and provide actuarial guidance & insights in developing innovative product with good risk management controls, price profitable and competitive product while ensuring strict adherence to pricing requirements set by Prudential Group and Bank Negara Malaysia.
• Provide leadership to the team and assist the Supervisor in meeting project objectives, managing deliverables across a variety of initiatives, including those that extend beyond conventional Pricing and Actuarial projects.
• To drive actuarial items and provide actuarial guidance & insights to product Provide actuarial expertise and insights to the product implementation committee, supporting timely and effective execution of product initiatives.
• To lead and provide insights in implementing cost-effective and efficient retakaful arrangements The incumbent is expected to consistently demonstrate and uphold the organization’s integrity and core values by adhering to the company’s code of conduct, established policies, and ethical best practices.

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.